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PropertyFox - Parramatta / North Sydney / Sydney

152 William Street Bathurst, NSW 2795

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152 William Street,
Bathurst, NSW 2795

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PropertyFox - Parramatta / North Sydney / Sydney
Lachlan Worthington
Ben Lindsay

PropertyFox - Parramatta / North Sydney / Sydney

Suite 8.03, Level 8, 14 Martin Place
SYDNEY, NSW 2000
PropertyFox - Parramatta / North Sydney / Sydney
152 William Street
Bathurst, NSW 2795

Map of 152 William Street

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SUPERB FREESTANDING INVESTMENT OPPORTUNITY ANCHORED BY ELDERS - BATHURST NSW

Bathurst is a major Regional City in the Central Tablelands of NSW comprising a population of circa 45,000. Bathurst is situated approximately 200km west of the Sydney CBD and an easy 3 hours and 15 minute drive, via the Great Western Highway or Bells Line of Road. The property enjoys a prime William Street location positioned on the Western fringe of the CBD and just South of the Keppel Street intersection. Surrounding occupants include Bathurst Mazda, a Petrol Service Station and the Cathedral Catholic Primary School.

INVESTMENT OPPORTUNITY - FOR SALE BY PUBLIC AUCTION

On behalf of our Client, the Joint Exclusive Agents are proud to present 152 William Street Bathurst NSW For Sale by Public Auction. This property represents a fantastic opportunity for an astute Investor to secure a landmark building in a highly prized Bathurst location.

152 William Street comprises a quality single-level freestanding building situated on a generous site area of 1,536 sqm approx. The property is securely leased to the well-renowned Elders brand and also houses an Auction Room and ancillary storage.

FEATURES INCLUDE:

+ Land Area:1,536 sqm*
+ Building Area:
Office: 531 sqm*
Internal Storeroom: 145 sqm*
Rear Shed: 37 sqm*
TOTAL: 713 sqm*
+ Fully leased to Emmobi Pty Ltd (trading as Elders)
+ 10 year term due to expire 20 December 2026
+ Option of Five (5) Years
+ Review Basis: Annual 2,5% increase; Market upon exercise of Option
+ Future Rent reversion potential
+ Current Semi-Gross Rental of approx $142,642 pa +GST; PLUS Outgoings recovery from Lessee of approx $10,608 pa (+GST), ie
+ Estimated total Building Outgoings: $18,108 pa (+GST)
+ Total estimated Net Income: $135,142 pa (+GST)
+ Zoned Commercial Centre E2
+ FSR 2:1
+ Height Limit - 12 metres
+ Highly sought-after William Street location
+ Superb Street Appeal
+ Excellent Corporate Exposure
+ Generous car parking on-site
+ Quality presentation throughout
+ Amenities, kitchen and store
+ Fully secure and alarmed
+ Future Development potential (stca^)
+ Walking distance to all major retail facilities
+ Quality surrounding neighbours and occupants
+ This property represents a fantastic opportunity to secure a landmark building in a highly prized Bathurst location.

* Approx.
^ Subject to Council Approval.

IN-ROOM AND ONLINE AUCTION:
Auctioneer: Cooley Auctions
Date: Thursday 28 March 2024 at 10.30 am
Venue: Level 5, 1 Margaret Street, Sydney NSW 2000
Online: https://buy.realtair.com/properties/122376

Contact the Joint Exclusive Agents for the Draft Contract and all inspection appointments:

Ben Lindsay 0421 248 5... - PropertyFox (Parramatta Office)
Lachlan Worthington 0421 777 8... - PropertyFox (Sydney Office)
Jayne Edwards 0435 008 268 - Jayne Edwards Realty (Bathurst Office)

Property ID: 504519984Last Updated: 2 Apr 2024

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